Advised on Sale of CompanyAutomotive
Acquired 100% of Business Operations
IMAP advised automotive aftermarket services provider SunDevil on its sale to BRAKEmax.
IMAP's team in the US, Capstone Headwaters, advised Sun Devil Auto & Sun Auto (“Sun Devil Auto”), an auto repair and maintenance company, on its acquisition by GB Auto Service, Inc (“GB Auto”), Inc., a portfolio company of Greenbriar Equity Group, L.P. (“Greenbriar”).
Sun Devil Auto, established in 1978, is a family-owned and operated auto repair and maintenance company. Founded in Arizona, it has since added markets in Austin, Texas and Las Vegas, Nevada.
GB Auto Service, Inc. is a premier provider of vehicle maintenance, repair, and tire replacement serving multiple markets including San Diego and the Inland Empire (CA), Las Vegas (NV), Phoenix and Tucson (AZ), and Dallas, Austin, and Houston (TX). GB Auto continues to expand its presence throughout the United States and is entertaining acquisition discussions with operators who wish to preserve their companies’ legacies while leveraging the benefits of shared resources and technology to grow their businesses.
Managing Director Paul Louie, said “We are honored to have represented Sun Devil Auto. This transaction symbolizes both the strong outlook and interest in automotive aftermarket services. Through the vision and commitment of Tom Higginbotham, Sun Devil Auto grew to become a highly successful company, with an outstanding organizational culture and exceptional geographic footprint. The combination of Sun Devil Auto and GB Auto will propel the combined organization forward and unlock greater support to its employees and customers. We are proud to have this landmark transaction represent the first closing for our newly formed Vehicle Aftermarket Group, as we continue to serve this exciting sector.”